Avery Dennison (AVY) Return on Capital Employed (2010 - 2026)
Avery Dennison (AVY) posted quarterly Return on Capital Employed of 18.7% for Q1 2026, down 199.0% YoY from 18.89% in Q1 2025, and up 2.85% sequentially from 18.18% in Q4 2025.
Avery Dennison (AVY) Return on Capital Employed (2010 - 2026) Analysis & Trends
Avery Dennison has disclosed Return on Capital Employed across 17 years of filings, most recently posting 18.7% for Q1 2026.
- In Q1 2026, Return on Capital Employed fell 199.0% year-over-year to 18.7%; the TTM figure through Mar 2026 stood at 18.7% (down 199.0% YoY), while the FY2025 annual figure was 18.89%, down 160.0% from the prior year.
- Return on Capital Employed improved to 18.7% in Q1 2026, from 18.18% in the prior quarter.
- Over the last five years, Return on Capital Employed for AVY reached as high as 27.53% in Q4 2022 and fell as low as 16.29% in Q3 2023.
- The 5-year median for Return on Capital Employed is 20.67% (2022), against an average of 20.84%.
- Annual changes were most pronounced in 2023 — Return on Capital Employed sank 1121 bps — and 2024, when it soared 549 bps.
- A 5-year view of Return on Capital Employed shows it stood at 20.66% in 2022, then dropped by 15 bps to 17.61% in 2023, then increased by 14 bps to 20.04% in 2024, then decreased by 9 bps to 18.18% in 2025, then climbed by 3 bps to 18.7% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 18.7%, 18.18%, and 18.92% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Ball | 88.75 Bn | 87.87 Bn | 646.00 Mn | 11.46% |
| 2 | International Paper | 24.05 Bn | 22.75 Bn | 1.73 Bn | 5.64% |
| 3 | Avery Dennison | 12.53 Bn | 12.27 Bn | 664.80 Mn | 18.70% |
| 4 | Crown Holdings | 12.47 Bn | 12.38 Bn | 644.00 Mn | 15.18% |
| 5 | Reynolds Consumer Products | 5.71 Bn | 5.64 Bn | 207.00 Mn | 12.65% |
| 6 | Sonoco Products | 5.57 Bn | 5.37 Bn | 345.63 Mn | 12.31% |
| 7 | Silgan Holdings | 4.87 Bn | 4.43 Bn | 265.78 Mn | 8.48% |
| 8 | Graphic Packaging Holding | 3.15 Bn | 2.96 Bn | 306.00 Mn | 6.25% |
| 9 | Ardagh Metal Packaging | 2.81 Bn | 2.81 Bn | 179.00 | 0.00% |
| 10 | Greif | 1.96 Bn | 1.76 Bn | 257.30 Mn | 8.54% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 18.70% |
| Dec 31, 2025 | 18.18% |
| Sep 27, 2025 | 18.92% |
| Jun 28, 2025 | 20.76% |
| Mar 29, 2025 | 20.69% |
| Dec 28, 2024 | 20.04% |
| Sep 28, 2024 | 21.82% |
| Jun 29, 2024 | 21.66% |
| Mar 30, 2024 | 20.77% |
| Dec 30, 2023 | 17.61% |
| Sep 30, 2023 | 16.33% |
| Jul 1, 2023 | 16.29% |
| Apr 1, 2023 | 18.28% |
| Dec 31, 2022 | 20.66% |
| Oct 1, 2022 | 27.53% |
| Jul 2, 2022 | 27.00% |
| Apr 2, 2022 | 25.12% |
| Jan 1, 2022 | 24.68% |
| Oct 2, 2021 | 30.15% |
| Jul 3, 2021 | 31.67% |